The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation The 2026‑27 Budget State Mandate —Disclosure Requirements and Deferral of Property Taxation Constitution Requires the State to Reimburse Local Governments for Mandated Activities.  
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - One study used detailed administrative data on applicants and awards to show that tax credit-supported project s are associated with positive employment effects in surrounding areas, consistent with net job creation rather than displacing other existing economic activity.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Proactive enforcement activities —such as field inspections —are different. There is no fixed number of inspections that must be conducted. Instead, the right number of inspections depends on costs and benefits —some of which, like deterring illegal activities and promoting fair competition, can be very difficult to quantify.
https://lao.ca.gov/Publications/Report/5132